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Klarna sees its value slashed by 85% in latest round of fundraising

‘Buy now, pay later’ firm, once Europe’s most valuable private tech company, valued at less than $7bn Klarna, the “buy now, pay later” fintech darling that was once Europe’s most valuable private tech company, has seen its value slashed by 85% to less than $7bn in its latest round of fundraising. The company, which has …

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The Moscow moves: how Mandelson’s firm helped Uber reach Russian elite

Leak shows how the former Labour minister used his access to pro-Kremlin oligarchs, including some now under sanctions Even before Uber’s top executives arrived in Davos in January 2016, its bosses were trying to secure invitations to the exclusive party hosted by the billionaire Russian metals magnate Oleg Deripaska. Famous for its free-flowing vodka, the …

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Uber broke laws, duped police and secretly lobbied governments, leak reveals

More than 124,000 confidential documents leaked to the Guardian Files expose attempts to lobby Joe Biden, Olaf Scholz and George Osborne Emmanuel Macron secretly aided Uber lobbying in France, texts reveal Company used ‘kill switch’ during raids to stop police seeing data Former Uber CEO told executives ‘violence guarantees success’ A leaked trove of confidential …

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Garmin Forerunner 255 review: runner’s best friend gets GPS and multisport upgrade

Greater accuracy, longer battery and full support for triathlons makes the best running watch even better Garmin’s latest running watch has been upgraded in almost every way, bringing multisport tracking, more advanced GPS and a bunch of high-end features down to a more affordable price with the Forerunner 255. The longstanding series is available in …

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From ‘Barbies scissoring’ to ‘contorted emotion’: the artists using AI

Four creators share their Dall-E-generated images – and their hopes and fears about AI in art You type in words – however nonsensical or disjointed – and the algorithm creates a unique image based on your search. This is Dall-E 2, a startlingly advanced, image-generating AI trained on 250 million images, named after the surrealist …

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‘We needed Dave and George to lean on Boris’: Uber’s battle for London

The US firm used Tory connections to wage a relentless UK lobbying campaign, leaked files show Uber was riding high in London in 2014. Two years after launching, the US private hire app had eaten into the business of black taxis and minicabs without huge political backlash. But that spring, one of Uber’s main political …

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The Uber campaign: how ex-Obama aides helped sell firm to world

Uber sought access to leaders, officials and diplomats through David Plouffe and Jim Messina, leak shows Uber broke laws, duped police and built secret lobbying operation, leak reveals It was a Sunday afternoon in early November 2015 when David Plouffe emailed his fellow former Barack Obama campaigner Matthew Barzun, typing “Mr ambassador” in the subject …

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‘Violence guarantees success’: how Uber exploited taxi protests

Leak suggests former CEO believed there was an upside to attacks on drivers as firm campaigned for law changes Uber broke laws, duped police and built secret lobbying operation, leak reveals On 26 January 2016, more than 2,100 furious French taxi drivers, backed by colleagues from Belgium, Spain and Italy, staged a mass anti-Uber protest …

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Musk muses about Mars and Earth – but stays quiet on his Twitter deal

Billionaire avoids talking of collapse of $44bn deal but talks about colonizing Mars and boosting Earth’s birthrates at conference Elon Musk reportedly talked about the colonization of Mars and boosting Earth’s birthrates during his keynote address at Allen & Co’s Sun Valley conference on Saturday, but he avoided discussing his attempt to withdraw from his …

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